Equillium, Inc.
For the period ended Dec 31, 2024. Filed Mar 27, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 27, 2025
EQ$1.46-3.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share and per share data)
| Year EndedDecember 31, | Year EndedDecember 31, | |
|---|---|---|
| 2024 | 2023 | |
| Revenue | $41,095 | $36,084 |
| Operating expenses: | ||
| Research and development | 37,428 | 37,039 |
| General and administrative | 11,936 | 13,567 |
| Total operating expenses | 49,364 | 50,606 |
| Loss from operations | (8,269) | (14,522) |
| Other income, net: | ||
| Interest expense | - | (491) |
| Interest income | 1,381 | 2,334 |
| Other expense, net | (818) | (76) |
| Total other income, net | 563 | 1,767 |
| Loss before income tax expense | (7,706) | (12,755) |
| Income tax expense | 361 | 580 |
| Net loss | $(8,067) | $(13,335) |
| Other comprehensive income, net: | ||
| Unrealized (loss) gain on available-for-sale securities, net | (15) | 108 |
| Foreign currency translation gain (loss) | 656 | (44) |
| Total other comprehensive income, net | 641 | 64 |
| Comprehensive loss | $(7,426) | $(13,271) |
| Net loss per share, basic and diluted | $(0.23) | $(0.38) |
| Weighted-average number of common shares outstanding, basic and diluted | 35,357,641 | 34,726,384 |
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